Amundi boosted by €3.7bn inflows in Q2

Net income up 19% from Q2 2022

Valeria Martinez
clock • 2 min read

Amundi has enjoyed inflows in the second quarter of 2023 despite the “risk-averse” environment as investors piled into treasury assets.

In its H1 and Q2 results published today (28 July), the firm reported adjusted net income of €320m, up 19% from Q2 2022, and a boost of 6.7% when compared to the first quarter of 2023. This brings the figure for the first half of the year to €620m, up 4.5%. The firm attributed the positive result to an increase in revenues and an improvement in operating efficiency, resulting in a more moderate increase in expenses than in revenues.  Amundi collected €3.7bn in inflows, both in Medium-Long Term (MLT) assets and treasury products, in the retail and institutional client segments. The gro...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Superdry proposes delisting from London Stock Exchange as part of turnaround plan

Superdry proposes delisting from London Stock Exchange as part of turnaround plan

Avoiding ‘heightened exposure’

clock 16 April 2024 • 2 min read
GAM appoints Liontrust as delegated manager of Star Alpha Technology strategy

GAM appoints Liontrust as delegated manager of Star Alpha Technology strategy

Mark Hawtin as portfolio manager

Valeria Martinez
clock 16 April 2024 • 1 min read
Private equity giant CVC chooses Amsterdam for €1.25bn IPO

Private equity giant CVC chooses Amsterdam for €1.25bn IPO

Committed backing from shareholders

Eve Maddock-Jones
clock 16 April 2024 • 1 min read
Trustpilot